Icahn enterprises l.p. (IEP)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net (loss) income

-1,791

2,001

2,632

-2,220

-2,127

-529

2,444

762

1,800

743

1,225

Adjustments to reconcile net (loss) income to net cash used in operating activities:
Loss (income) from discontinued operations

-32

1,764

234

65

-

-

-

-

-

-

-

Net loss (gain) from securities transactions

570

-476

2,273

266

-1,737

614

3,754

1,488

1,927

814

-1,406

Purchases of securities

4,948

4,810

781

2,059

6,552

6,523

7,425

2,592

4,931

4,043

-2,433

Proceeds from sales of securities

3,648

6,763

2,413

7,630

4,281

5,079

4,664

7,167

5,373

2,895

3,335

Payments to cover securities sold, not yet purchased

938

1,083

1,078

361

577

980

46

5,160

5,529

3,018

-4,843

Proceeds from securities sold, not yet purchased

1,523

1,077

1,222

616

952

342

365

1,307

8,934

1,810

4,032

Changes in receivables and payables relating to securities transactions

220

1,195

1,704

4,828

-2,085

-2,888

-2,715

-1,775

2,343

-918

-611

Gain on disposition of assets, net

253

84

2,163

6

40

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-162

0

-10

-

-

-

Equity earnings from non-consolidated affiliates

-

-

-

-

62

50

-

-

-

-

-

Depreciation and amortization

519

508

518

526

863

809

742

635

508

463

441

Impairment

2

92

87

586

788

135

16

129

71

12

41

Deferred taxes

89

29

560

134

30

191

157

297

8

51

-

Other, net

16

123

-27

58

49

48

73

6

-26

-11

-156

Changes in operating assets and liabilities:
Changes in cash held at consolidated affiliated partnerships and restricted cash

-

-

-

-

-168

1,045

-591

453

-465

-1,180

595

Accounts receivable, net

33

-45

72

58

-43

-103

-26

193

148

185

37

Inventories, net

20

86

185

86

74

-82

-39

-32

190

75

165

Other assets

-356

-316

-2

-315

200

136

154

-1

47

56

25

Accounts payable

145

-59

130

28

-32

-21

31

-151

122

140

100

Unrealized gain/loss on derivative contracts

1,181

-1,763

155

1,106

-593

-

-

-

-

-

-

Accrued expenses and other liabilities

-20

-84

-124

-403

69

51

547

117

-42

133

-182

Net cash (used in) provided by operating activities from continuing operations

-1,460

444

-2,042

379

-

-

-

-

-

-

-

Net cash provided by operating activities from discontinued operations

0

479

694

839

-

-

-

-

-

-

-

Net cash (used in) provided by operating activities

-1,460

923

-1,348

1,218

748

-390

717

1,607

2,082

41

365

Cash flows from investing activities:
Capital expenditures

250

272

316

247

1,359

1,411

1,161

936

494

422

230

Acquisition of ARL

-

-

-

-

-

-

279

0

0

-

-

Acquisition of businesses, net of cash acquired

39

15

249

1,009

855

558

6

1,361

142

-116

0

Purchases of investments

50

60

77

-

345

78

86

250

150

0

38

Proceeds from sale of investments

458

1

1

-

-

0

-

202

154

4

65

Proceeds from sale of investments

505

3,370

1,983

31

90

-

-

-

-

-

-

Other, net

38

0

80

25

-84

90

-76

-23

-25

9

50

Net cash provided by investing activities from continuing operations

586

3,024

1,262

-1,252

-

-

-

-

-

-

-

Net cash used in investing activities from discontinued operations

0

-437

-580

-593

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

586

2,587

682

-1,845

-2,385

-1,957

-1,456

-2,322

-607

-311

-253

Cash flows from financing activities:
Investment segment contributions from non-controlling interests

220

310

600

505

276

500

46

0

250

419

-287

Investment segment distributions from non-controlling interests

-

-

-

7

36

0

-

-

-

-

-

Capital subscriptions received in advance

-

-

-

-

-

-

-

-

-

-

7

Capital distributions to non-controlling interests

-

-

-

-

-

-

185

17

2,164

566

-1,163

Partnership contributions

55

0

612

1

0

0

593

513

0

6

0

Partnership distributions

112

97

81

103

116

125

51

41

48

85

77

Proceeds from offering of subsidiary equity

-

-

-

0

31

188

1,308

0

0

-

-

Purchase of additional interests in consolidated subsidiaries

241

5

349

2

0

-

-

-

-

-

-

Dividends and distributions to non-controlling interests in subsidiaries

119

139

75

73

252

642

379

68

55

0

0

Proceeds from Holding Company senior unsecured notes

2,507

0

2,470

0

0

4,991

493

1,030

0

2,499

0

Repayments of Holding Company senior unsecured notes

1,700

0

2,450

0

0

3,625

0

0

-

-

-

Proceeds from subsidiary borrowings

810

1,268

1,334

1,908

1,972

4,794

591

1,076

636

107

352

Repayments of subsidiary borrowings

847

1,346

1,430

1,923

972

4,031

1,526

996

745

1,389

192

Subsidiary repurchase of common stock

-

-

-

-

57

0

-

-

-

-

-

Other, net

-7

15

-1

-18

-20

-42

18

-17

11

-8

-6

Net cash provided by financing activities from continuing operations

566

6

630

290

-

-

-

-

-

-

-

Net cash used in financing activities from discontinued operations

0

-163

-261

-232

-

-

-

-

-

-

-

Net cash used in financing activities

566

-157

369

58

826

2,008

908

1,480

-2,115

983

-792

Effect of exchange rate changes on cash and cash equivalents and restricted cash and restricted cash equivalents

-2

-7

3

0

-7

-10

-14

15

-22

-6

19

Add back change in cash and restricted cash of assets held for sale

-83

81

321

-165

-12

0

0

-

2

0

0

Net decrease in cash and cash equivalents and restricted cash and restricted cash equivalents

-393

3,427

27

-734

-830

-349

155

780

-660

707

-661

Supplemental information:
Cash payments for interest, net of amounts capitalized

-

-

-

-

-

607

482

501

445

293

289

Net cash payments (refunds) for income taxes

-

-

-

-

-

115

126

236

59

35

0

Non-cash investment segment contribution

-

-

-

-

-

-

185

0

0

-

-

Acquisition of non-controlling interest in CVR

-

-

-

-

-

-

-

135

0

0

-

Capital expenditures included in accounts payable, accrued expenses and other liabilities

-

-

-

-

-

93

36

62

-

-

-

Net unrealized (loss) gain on available-for-sale securities

-

-

-

-

-

-

-

-

5

0

3

Distribution payable to Icahn Enterprises unitholders

-

-

-

-

-

-

142

0

0

-

-

Investment in Pep Boys prior to acquiring a controlling interest

-

-

-

-

-

0

-

-

-

-

-

Investment in TER prior to acquiring a controlling interest

-

-

-

-

-

0

-

-

-

-

-

Fair value investment in Tropicana prior to acquisition of controlling interest

-

-

-

-

-

-

-

-

-

251

0

LP unit issuance for remaining 25% interest in ARL

-

-

-

-

-

0

-

-

-

310

-

Subsidiary common unit issuance for acquisition of CVR Nitrogen

-

-

-

-

-

0

-

-

-

-

-

Fair value of investment in Ferrous Resources prior to acquisition of a controlling interest

-

-

-

-

-

0

0

-

-

-

-

Changes in accounts payable related to construction in progress additions

-

-

-

-

-

-

-

26

-

-

-

Investment in precious metals

-

-

-

-

-

-

-

-

150

0

0

Redemptions payable to non-controlling interests

-

-

-

-

-

-

-

-

-

346

113

LP unit issuance to settle preferred LP unit redemptions

-

-

-

-

-

-

-

-

-

138

-

LP unit issuance to purchase majority interests in ARI and Viskase

-

-

-

-

-

-

-

-

-

-

0

Icahn Enterprises Holdings
Net (loss) income

-1,790

2,002

2,634

-2,219

-

-

-

-

-

-

-

Loss (income) from discontinued operations

-32

1,764

234

65

-

-

-

-

-

-

-

Net loss (gain) from securities transactions

570

-476

2,273

266

-

-

-

-

-

-

-

Purchases of securities

4,948

4,810

781

2,059

-

-

-

-

-

-

-

Proceeds from sales of securities

3,648

6,763

2,413

7,630

-

-

-

-

-

-

-

Payments to cover securities sold, not yet purchased

938

1,083

1,078

361

-

-

-

-

-

-

-

Proceeds from securities sold, not yet purchased

1,523

1,077

1,222

616

-

-

-

-

-

-

-

Changes in receivables and payables relating to securities transactions

220

1,195

1,704

4,828

-

-

-

-

-

-

-

Gain on disposition of assets, net

253

84

2,163

6

-

-

-

-

-

-

-

Depreciation and amortization

519

508

518

526

-

-

-

-

-

-

-

Impairment

2

92

87

586

-

-

-

-

-

-

-

Deferred taxes

89

29

560

134

-

-

-

-

-

-

-

Other, net

15

122

-29

57

-

-

-

-

-

-

-

Accounts receivable, net

33

-45

72

58

-

-

-

-

-

-

-

Inventories, net

20

86

185

86

-

-

-

-

-

-

-

Other assets

-356

-316

-2

-315

-

-

-

-

-

-

-

Accounts payable

145

-59

130

28

-

-

-

-

-

-

-

Unrealized gain/loss on derivative contracts

1,181

-1,763

155

1,106

-

-

-

-

-

-

-

Accrued expenses and other liabilities

-20

-84

-124

-403

-

-

-

-

-

-

-

Net cash (used in) provided by operating activities from continuing operations

-1,460

444

-2,042

379

-

-

-

-

-

-

-

Net cash provided by operating activities from discontinued operations

0

479

694

839

-

-

-

-

-

-

-

Net cash (used in) provided by operating activities

-1,460

923

-1,348

1,218

-

-

-

-

-

-

-

Capital expenditures

250

272

316

247

-

-

-

-

-

-

-

Acquisition of businesses, net of cash acquired

39

15

249

1,009

-

-

-

-

-

-

-

Purchases of investments

50

60

77

-

-

-

-

-

-

-

-

Proceeds from disposition of assets

505

3,370

1,983

31

-

-

-

-

-

-

-

Other, net

38

0

80

25

-

-

-

-

-

-

-

Net cash provided by investing activities from continuing operations

586

3,024

1,262

-1,252

-

-

-

-

-

-

-

Net cash used in investing activities from discontinued operations

0

-437

-580

-593

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

586

2,587

682

-1,845

-

-

-

-

-

-

-

Investment segment contributions from non-controlling interests

220

310

600

505

-

-

-

-

-

-

-

Investment segment distributions from non-controlling interests

-

-

-

7

-

-

-

-

-

-

-

Partnership contributions

55

0

612

1

-

-

-

-

-

-

-

Partnership distributions

112

97

81

103

-

-

-

-

-

-

-

Proceeds from offering of subsidiary equity

-

-

-

0

-

-

-

-

-

-

-

Purchase of additional interests in consolidated subsidiaries

-

-

-

2

-

-

-

-

-

-

-

Dividends and distributions to non-controlling interests in subsidiaries

119

139

75

73

-

-

-

-

-

-

-

Proceeds from Holding Company senior unsecured notes

2,507

0

2,470

0

-

-

-

-

-

-

-

Repayments of Holding Company senior unsecured notes

1,700

0

2,450

0

-

-

-

-

-

-

-

Proceeds from subsidiary borrowings

810

1,268

1,334

1,908

-

-

-

-

-

-

-

Repayments of subsidiary borrowings

847

1,346

1,430

1,923

-

-

-

-

-

-

-

Other, net

-7

15

-1

-18

-

-

-

-

-

-

-

Net cash provided by financing activities from continuing operations

566

6

630

290

-

-

-

-

-

-

-

Net cash used in financing activities from discontinued operations

0

-163

-261

-232

-

-

-

-

-

-

-

Net cash used in financing activities

566

-157

369

58

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents and restricted cash and restricted cash equivalents

-2

-7

3

0

-

-

-

-

-

-

-

Add back change in cash and restricted cash of assets held for sale

-83

81

321

-165

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents and restricted cash and restricted cash equivalents

-393

3,427

27

-734

-

-

-

-

-

-

-